Asset Management

Monk-turned-money manager: ‘God wants you to be a little wealthy’

And how he reconciles that with Bible quotes like: ‘Blessed are you who are poor, for yours is the kingdom of God’

Doug Lynam has been rich and poor. An atheist and a monk. A hippie and a Marine.

But perhaps his most surprising transformation is his latest one: that to investment adviser. That’s because for many years, the 46-year-old Santa Fe resident and former monk thought money was “the root of all evil … a tool used to manipulate,” he tells FN's sister title MarketWatch.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump